MCQOPTIONS
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| 1. |
Vijay lent Rs.5000. At what rate percent per annum he lent the money?Statement I: The difference between the simple interest and compound interest on same money is Rs.60.Statement II: The simple interest obtained after 4 years is Rs.300.Statement III: The difference between compound interest and simple interest on Rs.60,000 in 2 years is Rs.1350. |
| A. | Only I and II together are sufficient |
| B. | Either II or III are sufficient |
| C. | Any two of the three are sufficient |
| D. | All three together are needed |
| E. | Even all together are not sufficient |
| Answer» C. Any two of the three are sufficient | |